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foreign water endorsement on my homeowneramp;#39;s policy you donamp;#39;t need me to tell you that the Florida property insurance Market is changing one of the biggest shifts weamp;#39;ve seen the last several years is the new industry standard for water damage coverage for older homes changing to a limited water buyback provision water damage claims have increased exponentially the past several years due to the assignment of benefit fraud forcing the insurance companies to adapt their policy contract language in order to keep insurance premiums affordable for Florida homeowners The Limited water provision reduced policy benefits in the following ways one the amount of a claim is limited to ten thousand dollar payout when working with contractors after a claim is made this provision will keep the policyholder in budget two the source of the water damage must come from the plumbing or an appliance like a hot water heater or air conditioning unit water damage from a leaky roo
